Price is moving in a descending channel. And also price movement is within the same range for the past 3 days. Daily time frame shows, price is facing trend line resistance.
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 45440.
Stop Loss : 45360.
Targets : 45520, 45600, 45720 and 45800.
Sell below : 45220.
Stop Loss : 45300.
Targets : 45160, 45080, 45000 and 44920.
Check the live market updates.
Expected expiry day range is 44900 to 45800.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Range : Medium.
Trend strength : Normal.
Buy Above : 45440.
Stop Loss : 45360.
Targets : 45520, 45600, 45720 and 45800.
Sell below : 45220.
Stop Loss : 45300.
Targets : 45160, 45080, 45000 and 44920.
Check the live market updates.
Expected expiry day range is 44900 to 45800.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Comment:
Checking the channel resistance.
Comment:
Above the trend line resistance.